Vancouver Housing Starts Up This Year
Amongst all the news off increased listings and (slightly) decreased sales came the news earlier this week that housing starts are up so far this year in Vancouver. On Monday the Canada Mortgage and Housing Corporation (CMHC) announced that "preliminary" numbers indicate the starts up up 10% over the same period last year. Single family house starts are still down, but multi-family starts are more than making up the difference.
The Press Release from CMHC is attached below for your reading enjoyment.
Matthew Collinge: Vancouver REALTOR®
